This Chapter introduces parameterized, or parametric, Model Order Reduction (pMOR). The Sections are offered in a prefered order for reading, but can be read independently. Section 5.1, written by Jorge Fernández Villena, L. Miguel Silveira, Wil H.A. Schilders, Gabriela Ciuprina, Daniel Ioan and Sebastian Kula, overviews the basic principles for pMOR. Due to higher integration and increasing frequency-based effects, large, full Electromagnetic Models (EM) are needed for accurate prediction of the real behavior of integrated passives and interconnects. Furthermore, these structures are subject to parametric effects due to small variations of the geometric and physical properties of the inherent materials and manufacturing process. Accuracy requirements lead to huge models, which are expensive to simulate and this cost is increased when parameters and their effects are taken into account. This Section introduces the framework of pMOR, which aims at generating reduced models for systems depending on a set of parameters.